Cadence Design Systems Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains

Dow Jones01-08

DJ Cadence Design Systems Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Cadence Design Systems Inc. $(CDNS)$ rose 1.88% to $320.54 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.34% to 6,920.93 and Dow Jones Industrial Average falling 0.94% to 48,996.08.

This was the stock's second consecutive day of gains.

Cadence Design Systems Inc. closed 14.85% below its 52-week high of $376.45, which the company achieved on July 31st.

The stock underperformed when compared to some of its competitors Wednesday, as Fortinet Inc. $(FTNT)$ rose 2.01% to $80.02, Synopsys Inc. $(SNPS)$ rose 2.15% to $519.70, and Palo Alto Networks Inc. (PANW) rose 4.33% to $193.90.

Trading volume (1.4 M) remained 398,189 below its 50-day average volume of 1.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled January 7, 2026.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

January 07, 2026 16:41 ET (21:41 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains\n</p>\n<p>\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n</p>\n<p>\n     Shares of Cadence Design Systems Inc. <a href=\"https://laohu8.com/S/CDNS\">$(CDNS)$</a> rose 1.88% to $320.54 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&amp;P 500 Index  falling 0.34% to 6,920.93 and Dow Jones Industrial Average  falling 0.94% to 48,996.08. \n</p>\n<p>\n     This was the stock's second consecutive day of gains. \n</p>\n<p>\n     Cadence Design Systems Inc. closed 14.85% below its 52-week high of $376.45, which the company achieved on July 31st. \n</p>\n<p>\n     The stock underperformed when compared to some of its competitors Wednesday, as Fortinet Inc. <a href=\"https://laohu8.com/S/FTNT\">$(FTNT)$</a> rose 2.01% to $80.02, Synopsys Inc. <a href=\"https://laohu8.com/S/SNPS\">$(SNPS)$</a> rose 2.15% to $519.70, and <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a> Inc. 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Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-01-08 05:41</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nDJ Cadence Design Systems Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains\n</p>\n<p>\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n</p>\n<p>\n     Shares of Cadence Design Systems Inc. <a href=\"https://laohu8.com/S/CDNS\">$(CDNS)$</a> rose 1.88% to $320.54 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&amp;P 500 Index  falling 0.34% to 6,920.93 and Dow Jones Industrial Average  falling 0.94% to 48,996.08. \n</p>\n<p>\n     This was the stock's second consecutive day of gains. \n</p>\n<p>\n     Cadence Design Systems Inc. closed 14.85% below its 52-week high of $376.45, which the company achieved on July 31st. \n</p>\n<p>\n     The stock underperformed when compared to some of its competitors Wednesday, as Fortinet Inc. <a href=\"https://laohu8.com/S/FTNT\">$(FTNT)$</a> rose 2.01% to $80.02, Synopsys Inc. <a href=\"https://laohu8.com/S/SNPS\">$(SNPS)$</a> rose 2.15% to $519.70, and <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a> Inc. (PANW) rose 4.33% to $193.90. \n</p>\n<p>\n     Trading volume (1.4 M) remained 398,189 below its 50-day average volume of 1.8 M. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. Data compiled January 7, 2026. \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. 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Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n     Shares of Cadence Design Systems Inc. $(CDNS)$ rose 1.88% to $320.54 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index  falling 0.34% to 6,920.93 and Dow Jones Industrial Average  falling 0.94% to 48,996.08. \n\n\n     This was the stock's second consecutive day of gains. \n\n\n     Cadence Design Systems Inc. closed 14.85% below its 52-week high of $376.45, which the company achieved on July 31st. \n\n\n     The stock underperformed when compared to some of its competitors Wednesday, as Fortinet Inc. $(FTNT)$ rose 2.01% to $80.02, Synopsys Inc. $(SNPS)$ rose 2.15% to $519.70, and Palo Alto Networks Inc. (PANW) rose 4.33% to $193.90. \n\n\n     Trading volume (1.4 M) remained 398,189 below its 50-day average volume of 1.8 M. \n\n\n     Data source: Dow Jones Market Data, FactSet. Data compiled January 7, 2026. \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. 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